Meyer Seth H 4

What Happened Seth H. Meyer, Chief Financial Officer of Hercules Capital (HTGC), had 5 shares of company common stock withheld to satisfy tax withholding obligations related to the vesting of restricted stock. The withholding was recorded at $15.11 per share, totaling $76. This is a routine tax-withholding disposition, not an open-market sale or purchase.

Key Details

• Transaction date: March 5, 2026; Filing date: March 9, 2026 (filed within the required two business days).
• Withheld: 5 shares at $15.11 per share; total value ≈ $76.
• Transaction code: F — shares withheld to pay taxes on vested restricted stock (see footnote F1).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Nature: Tax withholding on vesting (routine administrative action), not an indicator of a buy/sell decision.

Context Tax-withholding (F) transactions occur when companies retain a portion of vested restricted shares to cover the employee’s tax obligations; these are standard and do not reflect an insider buying or selling stock in the market. The filing appears timely, so there’s no late-reporting concern in this case.